Rewards for saving money and paying down debts. I’m Fred Fishkin with technololgy BootCamp, a report on gadgets and gear. Paying off credit cards or other loans is rewarding period, but now a new Web site and service called SaveUp is giving consumers some added incentive. Co-founder and CEO Priya Haji…
“We’re actually rewarding Americans for saving money and paying down their debts with a whole new kind of program where the more you actually save money and the more you actually pay down your debts, you get the chance to win very large prizes. And the largest prize is actually two million dollars and there’s other rewards like cars, vacations.”
Thousands of financial institutions are partners. It’s just the latest in Haji’s efforts to launch businesses that benefit all concerned. She previously co-founded World of Good. There’s more information at SaveUp.com. You can find us at BootCamp.com. I’m Fred Fishkin.